Real estate investors are eagerly snapping-up seniors housing assets across the country as rising demand from an aging population combined with a shortage of new developments is pushing up profitability, brokers say.
After acquiring towers at 2 and 4 Silver Maple Ct. in Brampton in May, Lankin Investments has completed the triumvirate with the $115-million purchase of a 23-storey, 339-unit apartment building at 6 Silver Maple.
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